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Categories: BusinessNewsPakistan

SBP Monetary Policy Committee to Meet on May 5, Rate Cut Expected

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The State Bank of Pakistan’s Monetary Policy Committee (MPC) will convene on Monday, May 5, to decide the country’s key interest rate for the next two months.

According to a statement from the SBP, the upcoming session will review prevailing economic indicators and set the direction of monetary policy.

Brokerage firm Arif Habib Limited (AHL) has projected a 50 basis point cut, which would lower the policy rate to 11.5% from the current 12%.

In its previous meeting held on March 10, the central bank opted to keep the rate unchanged. However, with inflation easing and economic stability improving, analysts now anticipate a gradual reduction in the policy rate — potentially by up to 200 basis points by year-end.

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Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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